MDU Resources (MDU) revealed a profit for third quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $64.6 million, or $0.32 per share. This compares with $74.9 million, or $0.37 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.0% to $1.050 billion from $1.000 billion last year.
MDU Resources earnings at a glance (GAAP) :
-Earnings (Q3): $64.6 Mln. vs. $74.9 Mln. last year.
-EPS (Q3): $0.32 vs. $0.37 last year.
-Revenue (Q3): $1.050 Bln vs. $1.000 Bln last year.
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